topshop

Park Group shares shot up over 2 percent on Monday morning, after agreeing deals with several big high street chains.

The gift voucher supplier Park Group said it had signed contracts with retail businesses Arcadia Group, the owner of Topshop, Courtesy Shoes, Office Outlet, DJM Music and Fat Face.

Park’s ‘Love2shop’ vouchers will now be accepted in all the above stores, a big coup for the gift voucher group. Fat Face would gain accreditation for Park’s e-money prepaid flexecash card by the end of Summer 2018.

The new retail additions will mean that Park’s gift vouchers were now accepted by more than 175 national brands and over 20,000 high street stores across the UK, and almost 100 brands were now flexecash accredited, according to the company.

Shares in Park Group (LON:PKG) are currently trading up 2.05 percent at 73.98 (0902GMT).